Archive by category Business

Samsung Electronics on Monday said that Haier’s recent purchase of General Electric’s home appliance business would have a limited impact on its businesses …

SEOUL/JEJUDO ISLAND — A nearly three-day airport shutdown on the southern resort island of Jejudo due to heavy snowfall and strong winds ended Monday …

The sale of Dongbu Steel, the faltering steelmaking affiliate of South Korea’s Dongbu Group, is expected to be delayed as no visible candidates have emerged …

South Korean stocks closed higher Monday as major economies’ pledge to extend stimulus measures and rising oil prices eased concerns over a global …

The chief of South Korea’s state-run trade bank played down growing concerns over the lender’s financial soundness Monday, claiming a recent fall …

Samsung SDI Co., the battery-making unit of Samsung Group, said Monday its net loss widened in the fourth quarter of 2015 from a year earlier. The net loss …

Samsung Electronics Co. said Monday that Chinese home appliance maker Haier Group’s takeover of the household appliance business of U.S.-based General …

The South Korean currency will likely keep falling against the U.S. dollar for some time and may drop as low as 1,300 won, with local authorities having little …

South Korea’s terms of trade improved from a year earlier in December as import prices fell at a faster clip than export prices, central bank data showed …

A treatment for a rare obesity treatment, originally developed by South Korea’s ChongKunDang Pharma and licensed to Zafgen in 2009, is geared to fully resume …